Baron Oil PLC Completion of changes to Chuditch Bank Guarantee (5640H)
25 November 2022 - 6:00PM
UK Regulatory
TIDMBOIL
RNS Number : 5640H
Baron Oil PLC
25 November 2022
25 November 2022
Baron Oil Plc
("Baron", or the "Company")
Completion of changes to Chuditch Bank Guarantee
Baron Oil Plc (AIM:BOIL), the AIM-quoted oil and gas exploration
and appraisal company, announces that the changes to the provision
of the funds for the Deposit for the Guarantee and related matters,
as described in the Company's announcement of 15 November 2022 have
been successfully completed. Accordingly, Baron is now the provider
of 100% of the collateral for the Guarantee.
Capitalised terms used in this announcement shall, unless
defined in this announcement or unless the context provides
otherwise, bear the same meaning ascribed to such terms in the
announcement made by the Company at 07.00 on 15 November 2022.
For further information, please contact:
Baron Oil Plc +44 (0) 20 7117 2849
Andy Yeo, Chief Executive
Allenby Capital Limited +44 (0) 20 3328 5656
Nominated Adviser and Broker
Alex Brearley, Nick Harriss, Nick Athanas, George
Payne (Corporate Finance)
Kelly Gardiner (Sales and Corporate Broking)
IFC Advisory Limited +44 (0) 20 3934 6630
Financial PR and IR baronoil@investor-focus.co.uk
Tim Metcalfe, Florence Chandler
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